Why Egypt
  • Why Egypt
  • 23 Sep 2020

Why Egypt

Buyers are always looking for the added value to achieve more commercial profits. A large part of this value is to trim import costs. Some of these costs are shipping to the buyer who is looking for the country which has the best location and the lowest shipping cost, and is also looking for customs exemption to reduce costs as well as looking for the good reputation.

 In this article we will show you why it is preferable to import from Egypt.

1- Geographical Location

The Arab Republic of Egypt is located in the northeastern part of Africa, with an Asian part lies in Sinai Peninsula from the southwestern side, so it is an important country, given its strategic location, linking the two continents of Asia and Africa, and guards distinct water borders, including: The Mediterranean Sea and the Red Sea.

In addition, are bordered by many African and Asian countries, such as: The Gaza Strip, Sudan, and Libya, which makes them enjoy an excellent location that contributes a large share in the international trade movement, and it is worth noting that Egypt has an area of ​​about 390, 120.66 sq. mi.

2- Economic Growth

Egypt achieved rapid growth after implementing the economic reform plan in cooperation with the International Monetary Fund, as it achieved a growth rate of 5.6% during 2019 and Egypt was ranked 11th globally in the economic growth rate for the same year.